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Leveraging Accounting Data for Long-Term Workforce Planning

Leveraging Accounting Data for Long-Term Workforce Planning

Leveraging Accounting Data for Long-Term Workforce Planning 25 November 2024 Facebook Twitter LinkedIn In order to sustain growth and maintain...
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10 Budgeting Hacks Every Business Owner Needs to Know

10 Budgeting Hacks Every Business Owner Needs to Know

10 Budgeting Hacks Every Business Owner Needs to Know 20 November 2024 Facebook Twitter LinkedIn Budgeting isn’t just a boring...
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Managing Workforce Costs: Tips for Balancing Payroll and Profitability

Managing Workforce Costs: Tips for Balancing Payroll and Profitability

Managing Workforce Costs: Tips for Balancing Payroll and Profitability 18 November 2024 Facebook Twitter LinkedIn With the competitive nature of...
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The Hidden Dangers of DIY Bookkeeping

The Hidden Dangers of DIY Bookkeeping

The Hidden Dangers of DIY Bookkeeping 14 November 2024 Facebook Twitter LinkedIn Taking on your own bookkeeping might sound like...
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Using Financial Forecasting to Align Workforce and Business Goals

Using Financial Forecasting to Align Workforce and Business Goals

Using Financial Forecasting to Align Workforce and Business Goals 13 November 2024 Facebook Twitter LinkedIn In today’s fast-paced and unpredictable...
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Profile Piece: Mary T. Washington (1906-2005)

Profile Piece: Mary T. Washington (1906-2005)

Profile Piece: Mary T. Washington (1906–2005) 8 November 2024 Facebook Twitter LinkedIn Mary T. Washington: Trailblazer, Mentor, and CPA IconEvery...
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Budgeting for Workforce Expansion: What Business Owners Need to Know

Budgeting for Workforce Expansion: What Business Owners Need to Know

Budgeting for Workforce Expansion: What Business Owners Need to Know 8 November 2024 Facebook Twitter LinkedIn Expanding your workforce is...
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Financial Reporting: The Unglamorous Secret to Business Success

Financial Reporting: The Unglamorous Secret to Business Success

Financial Reporting: The Unglamorous Secret to Business Success 7 November 2024 Facebook Twitter LinkedIn Success gets all the sparkle: big...
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The Role of Accounting in Effective Workforce Planning

The Role of Accounting in Effective Workforce Planning

The Role of Accounting in Effective Workforce Planning 6 November 2024 Facebook Twitter LinkedIn As straightforward as workforce planning may...
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Frank J. Wilson: How a Humble Accountant Helped Convict Al Capone

Frank J. Wilson: How a Humble Accountant Helped Convict Al Capone

Frank J. Wilson: How a Humble Accountant Helped Convict Al Capone 1 November 2024 Facebook Twitter LinkedIn In the late...
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The Top 5 (Accounting and Bookkeeping) Reasons Businesses Fail in Their First 5 Years

The Top 5 (Accounting and Bookkeeping) Reasons Businesses Fail in Their First 5 Years

The Top 5 (Accounting and Bookkeeping) Reasons Businesses Fail in Their First 5 Years 30 October 2024 Facebook Twitter LinkedIn...
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Top 5 Accounting Myths That Could Be Costing Your Business Big Time

Top 5 Accounting Myths That Could Be Costing Your Business Big Time

Top 5 Accounting Myths That Could Be Costing Your Business Big Time 30 October 2024 Facebook Twitter LinkedIn Managing a...
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How to Create a Budget for Your Hair and Beauty Business

How to Create a Budget for Your Hair and Beauty Business

How to Create a Budget for Your Hair and Beauty Business 24 October 2024 Facebook Twitter LinkedIn Is staying on...
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The Battle of BAS: Why Small Businesses Struggle and How to Fix It

The Battle of BAS: Why Small Businesses Struggle and How to Fix It

The Battle of BAS: Why Small Businesses Struggle and How to Fix It 24 October 2024 Facebook Twitter LinkedIn By...
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How to Improve Cash Flow in a Tight Economy

How to Improve Cash Flow in a Tight Economy

How to Improve Cash Flow in a Tight Economy 23 October 2024 Facebook Twitter LinkedIn In today’s uncertain economy, managing...
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How to Handle Cash Flow Issues When Clients Pay Late

How to Handle Cash Flow Issues When Clients Pay Late

How to Handle Cash Flow Issues When Clients Pay Late 21 October 2024 Facebook Twitter LinkedIn Running a business comes...
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Calculating Your Fringe Benefit Tax (FBT): A Guide for Small Business Owners

Calculating Your Fringe Benefit Tax (FBT): A Guide for Small Business Owners

Calculating Your Fringe Benefit Tax (FBT): A Guide for Small Business Owners 18 October 2024 Facebook Twitter LinkedIn If there’s...
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Business Owners Urged to Act as October Tax Deadlines Approach

Business Owners Urged to Act as October Tax Deadlines Approach

Business Owners Urged to Act as October Tax Deadlines Approach 17 October 2024 Facebook Twitter LinkedIn Business owners across Australia...
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The Five Golden Rules of Buying a Vehicle for Your Business

The Five Golden Rules of Buying a Vehicle for Your Business

The Five Golden Rules of Buying a Vehicle for Your Business 17 October 2024 Facebook Twitter LinkedIn Buying a vehicle...
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Maximising the Instant Asset Write Off: Tips for Business Owners

Maximising the Instant Asset Write Off: Tips for Business Owners

Maximising the Instant Asset Write Off: Tips for Business Owners 15 October 2024 Facebook Twitter LinkedIn At this point, you...
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Building a Cash Reserve: Why It’s Essential for Business Stability

Building a Cash Reserve: Why It’s Essential for Business Stability

Building a Cash Reserve: Why It’s Essential for Business Stability 11 October 2024 Facebook Twitter LinkedIn A cash reserve is...
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Understanding Cash Flow: The Lifeblood of Your Business

Understanding Cash Flow: The Lifeblood of Your Business

Understanding Cash Flow: The Lifeblood of Your Business 09 October 2024 Facebook Twitter LinkedIn Every business—no matter the size or...
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BAS Lodgement Options: Which One Is Right for Your Business?

BAS Lodgement Options: Which One Is Right for Your Business?

BAS Lodgement Options: Which One is Right for Your Business? 01 October 2024 Facebook Twitter LinkedIn Lodging your BAS is...
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5 Strategies to Increase Your Business Cash Flow

5 Strategies to Increase Your Business Cash Flow

5 Strategies to Increase Your Business Cash Flow 03 October 2024 Facebook Twitter LinkedIn More than the lifeblood of any...
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How to Calculate Payroll Tax: A Step-by-Step Guide

How to Calculate Payroll Tax: A Step-by-Step Guide

How to Calculate Payroll Tax: A Step-by-Step Guide 27 September 2024 Facebook Twitter LinkedIn Navigating payroll tax can be a...
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Cash Flow vs. Profit: Understanding the Difference

Cash Flow vs. Profit: Understanding the Difference

Cash Flow vs. Profit: Understanding the Difference 26 September 2024 Facebook Twitter LinkedIn Understanding the difference between cash flow and...
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State-by-State Payroll Tax Comparison: Where Does Your Business Stand?

State-by-State Payroll Tax Comparison: Where Does Your Business Stand?

State-by-State Payroll Tax Comparison: Where Does Your Business Stand? 25 September 2024 Facebook Twitter LinkedIn Understanding where your business stands...
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Essential Accounting Tips for New Business Owners

Essential Accounting Tips for New Business Owners

Essential Accounting Tips for New Business Owners 20 September 2024 Facebook Twitter LinkedIn Accounting may not be the most glamorous...
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Bookkeeping and Accounting Tips for NDIS Businesses

Bookkeeping and Accounting Tips for NDIS Businesses

Bookkeeping and Accounting Tips for NDIS Businesses 18 September 2024 Facebook Twitter LinkedIn Operating an NDIS (National Disability Insurance Scheme)...
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Tax Credits and Incentives Available to Small Businesses

Tax Credits and Incentives Available to Small Businesses

Stay informed about payroll tax rates and thresholds in Australia with our comprehensive state-by-state breakdown.
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How to Create a Cash Flow Forecast: A Step-by-Step Guide

How to Create a Cash Flow Forecast: A Step-by-Step Guide

Stay informed about payroll tax rates and thresholds in Australia with our comprehensive state-by-state breakdown.
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How to Minimise the Risk of an Audit: A Guide for Small Businesses

How to Minimise the Risk of an Audit: A Guide for Small Businesses

Stay informed about payroll tax rates and thresholds in Australia with our comprehensive state-by-state breakdown.
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Common Tax Mistakes Small Businesses Should Avoid

Common Tax Mistakes Small Businesses Should Avoid

Stay informed about payroll tax rates and thresholds in Australia with our comprehensive state-by-state breakdown.
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Small Business Budgeting: Creating and Sticking to a Financial Plan

Small Business Budgeting: Creating and Sticking to a Financial Plan

Stay informed about payroll tax rates and thresholds in Australia with our comprehensive state-by-state breakdown.
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Payroll Tax Pitfalls

Payroll Tax Pitfalls

Stay informed about payroll tax rates and thresholds in Australia with our comprehensive state-by-state breakdown.
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Understanding the Difference Between Bookkeeping and Accounting

Understanding the Difference Between Bookkeeping and Accounting

Stay informed about payroll tax rates and thresholds in Australia with our comprehensive state-by-state breakdown.
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Understanding Payroll Tax Thresholds in Australia: What Small Businesses Need to Know

Understanding Payroll Tax Thresholds in Australia: What Small Businesses Need to Know

Stay informed about payroll tax rates and thresholds in Australia with our comprehensive state-by-state breakdown.
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Top 10 Essential Services Bookkeepers Provide for Small Businesses

Top 10 Essential Services Bookkeepers Provide for Small Businesses

Top 10 Essential Services Bookkeepers Provide for Small Businesses 28 August 2024 Facebook Twitter LinkedIn When it comes to bookkeeping,...
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How to Lodge Your TPAR: A Step-by-Step Guide for Small Business Owners

How to Lodge Your TPAR: A Step-by-Step Guide for Small Business Owners

How to Lodge Your TPAR: A Step-by-Step Guide for Small Business Owners 26 August 2024 Facebook Twitter LinkedIn Tax time...
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Does My Business Need to Pay Payroll Tax? A Guide for Small Business

Does My Business Need to Pay Payroll Tax? A Guide for Small Business

Does My Business Need to Pay Payroll Tax? A Guide for Small Business 23 August 2024 Facebook Twitter LinkedIn Navigating...
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How Professional Bookkeeping Can Save Your Small Business Money

How Professional Bookkeeping Can Save Your Small Business Money

Maximising Business Tax Deductions: A Comprehensive Guide for Small Business Owners 21 August 2024 Facebook Twitter LinkedIn Running a small...
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Maximising Business Tax Deductions: A Comprehensive Guide for Small Business Owners

Maximising Business Tax Deductions: A Comprehensive Guide for Small Business Owners

Maximising Business Tax Deductions: A Comprehensive Guide for Small Business Owners 19 August 2024 Facebook Twitter LinkedIn It's easy to...
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PAYG Withholding | A Guide for Small Business Owners

PAYG Withholding | A Guide for Small Business Owners

PAYG Withholding | A Guide for Small Business Owners 16 August 2024 Facebook Twitter LinkedIn Worried about making mistakes when...
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Vehicle Expenses: What Can Your Business Claim?

Vehicle Expenses: What Can Your Business Claim?

Vehicle Expenses: What Can Your Business Claim? 15 August 2024 Facebook Twitter LinkedIn Navigating vehicle deductions can be challenging. From...
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Top Tax Deductions Every Small Business Owner Should Know

Top Tax Deductions Every Small Business Owner Should Know

Top Tax Deductions Every Small Business Owner Should Know 9 August 2024 Facebook Twitter LinkedIn As a small business owner,...
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It’s BAS Time! Here’s What You Need To Know

It’s BAS Time! Here’s What You Need To Know

It's BAS Time! Here's What You Need To Know 2 August 2024 Facebook Twitter LinkedIn July 28 is fast approaching...
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Super Guarantee Rules for 24/25: A Guide For Small Business

Super Guarantee Rules for 24/25: A Guide For Small Business

Super Guarantee Rules for 24/25: A Guide For Small Business 1 August 2024 Facebook Twitter LinkedIn As a small business...
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Small Business Accounting: Managing GST and BAS Reporting

Small Business Accounting: Managing GST and BAS Reporting

Managing BAS and GST Reporting 1 August 2024 Facebook Twitter LinkedIn Tackling GST and BAS reporting can be complex, but...
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Key Financial Year Dates for 24/25

Key Financial Year Dates for 24/25

Key Financial Year Dates for 24/25 31 July 2024 Facebook Twitter LinkedIn Is staying on top of deadlines daunting? As...
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The Instant Asset Write Off Returns for 24/25: Here’s How To Maximise It For Your Business

The Instant Asset Write Off Returns for 24/25: Here’s How To Maximise It For Your Business

The Instant Asset Write Off Returns for 24/25: Here's How To Maximise It For Your Business 14 June 2024 Facebook...
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Here are 4 Ways To Reduce Your Business Tax Bill This End of Financial Year

Here are 4 Ways To Reduce Your Business Tax Bill This End of Financial Year

4 Ways To Reduce Your Business Tax Bill This EOFY 14 June 2024 Facebook Twitter LinkedIn It's a feeling many...
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An Essential Guide to Bookkeeping: What Every Small Business Owner Should Know

An Essential Guide to Bookkeeping: What Every Small Business Owner Should Know

An Essential Guide to Bookkeeping: What Every Small Business Owner Should Know 22 May 2024 Facebook Twitter LinkedIn Bookkeeping is...
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Small Business Accounting Checklist: These 10-Point points can set you up for Success

Small Business Accounting Checklist: These 10-Point points can set you up for Success

Small Business Accounting: A 10-Point Checklist for Success 22 May 2024 Facebook Twitter LinkedIn Make business accounting a breeze with...
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Planning Means Peace of Mind: Top Tax Planning Strategies for Small Businesses

Planning Means Peace of Mind: Top Tax Planning Strategies for Small Businesses

Planning Means Peace of Mind: Top Tax Planning Strategies for Small Businesses 22 May 2024 Facebook Twitter LinkedIn Stop losing...
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Instant Asset Write Off Extension, Energy Bill Relief Headline Budget

Instant Asset Write Off Extension, Energy Bill Relief Headline Budget

Instant Asset Write Off Extension, Energy Bill Relief Headline Federal Budget 15 May 2024 Facebook Twitter LinkedIn The 2024/2025 Federal...
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FAQ

What is bookkeeping and why is it essential for my business?

Bookkeeping is the process of recording and organising financial transactions for a business. It is essential for several reasons:

• It helps you track your business’s financial health and performance.
• Accurate bookkeeping is necessary for compliance with tax regulations.
• It provides a clear picture of your cash flow, making it easier to manage finances.
• It facilitates informed decision-making and helps secure financing or investment.

Bookkeeping is the process of recording and organising financial transactions for a business. It is essential for several reasons:

• It helps you track your business’s financial health and performance.
• Accurate bookkeeping is necessary for compliance with tax regulations.
• It provides a clear picture of your cash flow, making it easier to manage finances.
• It facilitates informed decision-making and helps secure financing or investment.

Bookkeeping is the process of recording and organising financial transactions for a business. It is essential for several reasons:

• It helps you track your business’s financial health and performance.
• Accurate bookkeeping is necessary for compliance with tax regulations.
• It provides a clear picture of your cash flow, making it easier to manage finances.
• It facilitates informed decision-making and helps secure financing or investment.

Get help when you need it, so you can spend more time achieving your business goals

*Retinue’s payroll service includes the processing of hours and wages rates provided by you. We do not determine award rates for your employees or provide advice on the correct employment status of your employees. It is your responsibility to ensure that your employees are paid correctly and we recommend obtaining advice from specialised employment relations experts.